It rewards stupidness, cutting corners, lying to people. Capitalism has created an economy driven by forced/planned obsolecence of hardware, literal gambling with rich people just betting against other businesses, industries and entire nations.
Basing our world around a system that on average funnels the least empathetic, most callous, greedy and power hungry psychopaths and sociopaths to positions with the most influence surely cannot possibly backfire in a major way for the rest of us.
I’m all of those and I’m super rich
an yet, you’re on lemmy with the rest of us…
fake and possibly gay
just kidding, homie
Is there any system that reward talent, hard work or skill ?
Sports, kinda. It’s possible to go unrewarded with them, but it’s very hard to go rewarded without them.
If you mean economic system, not really. Capitalism rewards having capital over everything else, communism (if we ignore the flawed attempts and go for theory) rewards everyone equally irrelevant of how hard you work or what your skills are. Though being skilled in something that’s actually pleasant as a job is a reward in itself as you won’t have to work manual labour.
Academia, sometimes.
Guild Economics, where you only ascend to leadership with experience in your trade. I don’t like the idea that some kid out of university could be assigned manager of an industry they didn’t even study for. Realistically, 90% of the workforce does not need to have gone to uni and we could reorganise society around apprenticeships instead.
Actually, the research says to do that
Promoting people into leadership positions based on past unrelated experience does not make better managers and leaders.
If you try to do that you need metrics for evaluation and then you get people gaming the metrics. One example is academia.
You would think, but actually there’s been some recent research that I think has interesting conclusions. The example, which is semi-related, is performance as a manager. When promoted using merit based, people tended to perform worse bcz they are promoted based on past performance in unrelated roles. When promoted randomly, the people who excelled at being a manager stayed in that position, and outperformed others who were promoted based on merit.
The point being, you don’t know who’s going to be good at something based on past performance in unrelated roles. We’ve built an entire system based on that concept, and it’s not really that surprising that it doesn’t work that well. If I can find the research article again, I’ll link it.
Edit: found it
I need more upvote power.
It’s greed, reckless and a total lack of conscience which is rewarded.
Capitalism rewards ability to provide perceived value measured in $. If people perceive your product/service to be of greater or equal value to them than the $ amount (the work they had to do to earn it) you’re asking for it , then they’ll pay for it.
I thought engineers and doctors were the better paid professions
Artists are incredibly well paid off you get to the top of the game, like Taylor Swift or Spielberg
Not sure why you think labourers are harder working than artists or engineers
And some of the wealthiest people alive are also some of the dumbest losers I’ve ever heard open their mouths.
The point is that they’re paid much worse than the C-suite who reap the benefits of other people’s hard work.
The c suite isn’t in the example, but I wonder how many executives are engineers or scientists. But if an engineer is doctor enters the c suite, do they stop being engineers or doctors
They are 100% in the example, but rather implicitly than explicitly.
And the engineer or scientists C-suite are probably a small minority. Most are business majors.
My company’s CEO started was a software developer at the company…
In terms of their skillset? Probably not immediately (skills may deteriorate due to lack of use over time). In terms of what they will be doing as part of the job, and how they use their skillset? To a certain degree, I would say yes.
Taylor Swift works hard by modern standards but she would sit in the corner and cry after a day doing the work that we make immigrants do
You are talking out of your arse
You think she’d be ok after a 15 hour nursing home shift?
Tailor Swift and the likes are more capitalism than artistry.
When does one stop being an artist and turn into a capitalist
Well if you want to be really cynical you could say “when one gets successful enough,” and that makes sense to me - at T Swift or Ed Sheeran’s level of success, the global music tours make their workday a matter of planning things out and negotiating - and they’re so successful that they have a bunch of people to do it for them already!! So it is at that point, where your workday goes from actually writing songs to just reusing what you’ve written.
Sensibly though, you could say they are both. People can be 2 things at once. One of the most famous “architects” in the world is Bjarke Ingels but he actually just owns the company; his training is in illustration rather than architectural design. He is a creative, and it informs his practice and what he actually approves, but a large part of being recognised as an architect is actually from doing the non-architect part of it.
The reason Mardukas specifically says Taylor Swift is more capitalist than musician though is something very precise to Taylor swift: her career was launched by her dad, a big finance guy, who pushed her work onto all his clients when she was just a kid. Taylor went from being marketed as a country musician to being a pop musician. He explicitly didn’t want her to have to work very hard in life and felt confident he could engineer a following for her. She must be richer than him now, so it worked better than expected.
If you earn your musician wings from having them bought for you, you have not ascended the bardic steps to stardom, but floated up in a hot air balloon instead.
u think contrarians should be paid more?
Their salaries are great in America but only as good as finance professionals, who are then in the system of money manipulation (not saying they’re all crooks) and hence receive pointers on how to re-invest their wealth; Doctors and engineers on the other hand are often too busy to even think about investment, making more money from their money.
